Author name: Steve Burns

After a lifelong fascination with financial markets, Steve began investing in 1993 and trading his accounts in 1995. It was love at first trade. After more than 30 successful years in the markets, Steve now dedicates his time to helping traders improve their psychology and profitability. New Trader U offers an extensive blog resource with more than 4,000 original articles, online courses, and best-selling books covering various topics.

The Japanese Art of Saving Money (Kakeibo)

The Japanese Art of Saving Money (Kakeibo)

In today’s fast-paced, consumer-driven world, saving money has become an art form. For over a century, the Japanese have practiced a simple yet powerful budgeting method called Kakeibo, helping countless individuals and households control their spending, increase their savings, and achieve excellent financial stability. In this article, we’ll explore the origins, key components, and practical […]

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Why The Middle Class Is No Longer Middle Class

Why The Middle Class Is No Longer Middle Class

The middle class has long been considered the backbone of the American economy, characterized by a comfortable standard of living, homeownership, and financial stability. However, in 2024, the middle class in the United States faces significant challenges that have eroded their economic security. High inflation rates, skyrocketing real estate costs, and wages that have failed

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7 Frugal Habits That Aren't Actually Good for Your Finances

7 Frugal Habits That Aren’t Actually Good for Your Finances

Many people adopt frugal habits to save money and stretch their budgets when managing personal finances. However, not all frugal practices are created equal. Some seemingly money-saving strategies can cost you more in the long run. In this article, we’ll explore seven frugal habits that aren’t as beneficial as they may appear and discuss why

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4 Signs You Are Above Average Scary Money Stats (Even If It Doesn’t Feel Like It)

4 Signs You Are Above Average: Even If It Doesn’t Feel Like It (Scary Money Stats)

In today’s world, financial stability can often feel like an elusive goal. With countless headlines highlighting economic challenges and personal finance struggles, it’s easy to feel you’re falling behind. However, looking closely at your financial situation, you might be surprised that you’re doing better than you think. In this article, we’ll explore four signs that

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